debenture
A certificate that certifies an amount of money owed to someoneA certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
» Shareholders expressed concern about the growing number of outstanding debentures.
Meaning
4 sensesA certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
долгово́е обяза́тельствоdolgovóje objazátelʹstvo, долгова́я распи́скаdolgovája raspíska
(US)A type of debt instrument secured only by the general credit or promise to pay of the issuer, not involving any physical assets or collateral, now commonly issued by large, well established corporations with adequate credit ratings.
(UK)A document granting lenders a charge over a borrower’s physical assets, giving them a means to collect a debt, as part of a secured loan.
(obsolete)A certificate of a loan made to the government; a government bond.
- a certificate or voucher acknowledging a debt
- the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
Examples
3 sentencesShareholders expressed concern about the growing number of outstanding debentures.
As a fixed-income security, a debenture provides steady returns to cautious investors.
In the United States, a debenture is a type of long-term debt instrument not secured by physical assets or collateral.
Translations
3 languagesBy meaning 1
Origin
From earlier debentur, from Latin debentur (“they are owing”), supposedly the first word oFrom earlier debentur, from Latin debentur (“they are owing”), supposedly the first word of such a document in early times. The ending was apparently influenced by words in -(t)ure.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: debentures| Singular | debenture |
|---|---|
| Plural | debentures |
regular
Synonyms
2 synonyms- the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future:unsecured bonddebenture bond